Number of Identified Exporters to Greenland from Utah
UTGRLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
33.33%
Date Range
1/1/2002 - 1/1/2017
Summary
The 'Number of Identified Exporters to Greenland from Utah' series tracks the count of businesses based in Utah that export goods or services to Greenland. This metric provides insight into economic ties between the two regions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This data series represents the total number of exporters located in the U.S. state of Utah that are known to ship goods or provide services to customers in Greenland. It offers a window into the commercial relationship and trade flows between these two geographies.
Methodology
The data is collected through customs and trade reporting records by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to assess the strength of economic linkages between Utah and Greenland.
Key Facts
- Utah exports to Greenland have tripled since 2010.
- The top Utahn exports to Greenland are machinery, food products, and mining equipment.
- Greenland accounts for less than 0.1% of total exports from the state of Utah.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of businesses based in the U.S. state of Utah that are identified as exporting goods or services to the country of Greenland.
Q: Why is this trend relevant for users or analysts?
A: The 'Number of Identified Exporters to Greenland from Utah' provides insight into the economic ties and trade flows between these two regions, which is of interest to policymakers, trade analysts, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through customs and trade reporting records.
Q: How is this trend used in economic policy?
A: Governments and trade organizations use this metric to assess the strength of commercial relationships and identify opportunities to promote economic development between Utah and Greenland.
Q: Are there update delays or limitations?
A: There may be delays of several months in reporting the latest data, and the series may not capture all exporters due to limitations in trade reporting.
Related Trends
Value of Exports to Greenland from Nebraska
NEGRLA052SCEN
Number of Identified Exporters to Greenland from Maine
MEGRLA475SCEN
Number of Identified Exporters to Greenland from Alaska
AKGRLA475SCEN
Number of Identified Exporters to Greenland from Delaware
DEGRLA475SCEN
Value of Exports to Greenland from Michigan
MIGRLA052SCEN
Number of Identified Exporters to Greenland from Indiana
INGRLA475SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Greenland from Utah (UTGRLA475SCEN), retrieved from FRED.